John fugelsang said Ted Cruz is going to demand Texas lawmakers fund the winterization of their

[Fullduplexxx]

Energy plants .... In other words a trickle-down capitalist is demanding socialism bailout capitalism again

[ariadne0614]

1. Just heard that on the Stephanie Miller show. n/t

[Fullduplexxx]

2. Me too...... nt

[Laelth]

3. Socialize those losses!

Make sure the profits stay privatized.

Pleasure Cruz is just doing what any ordinary, Texas Republican who’s worth his hat would do.



-Laelth

[Cirque du So-What]

4. Fuck THAT!

Make those profiteering capitalistas foot the Bill. This is on YOU, Texans, to stand up to the pusillanimous pricks you elected and make them do what’s right...for once.

[Grokenstein]

5. The only thing that "trumps" free-market captialism

is free-for-all cover-your-ass-ism.

"Okay, my tweet mocking California, and my trip to Cancun, and blaming my kids for the trip to Cancun were all (makes air quotes) 'terrible mistakes'...but look, I'm making this completely empty promise to get gurgling buffoons to worship me again!"

[Tatertot]

6. Legislature should require

Upgrade of the plants within 2 years and open the state’s rainy day fund to immediately fund the effort with the utility companies to pay it back over ten years with interest.

And insurance companies should sue utility companies/ERCOT for reimbursements of claims

[Tatertot]

7. Typical cost benefit analysis does not make it desirable to the power companies to invest

In the upgrades. Power companies need higher risk to “adjust” that balance Paying for the water damage would produce that additional needed risk.

[marlakay]

8. Which means high property taxes

Will go up even more since they have no state income tax.